STAN Talks

On April 15, 2024, the Science & Technology Angels Network (STAN) hosted an event for the startup community, highlighting the new partnership between Granatus Ventures and the Alchemist Accelerator. The session featured Manuk Hergnyan, co-founder and managing partner at Granatus Ventures, Armenia's first Venture Capital firm.
Granatus Ventures is dedicated to funding, expertise, and network support for promising technology-driven startups based in or having core value-add activities in Armenia.

During the discussion, Manuk introduced the partnership between Granatus Ventures and the Alchemist Accelerator. The Alchemist Accelerator is a venture-backed initiative focused on accelerating early-stage ventures that monetize from enterprises. Startups joining Alchemist will benefit from:

• The longest-standing program focused on the enterprise
• The world’s best enterprise mentor and investor network
• Access to global markets and expertise

Alchemist Accelerator Program Highlights

• Over 1000 applicants per batch
• Approximately 25 startups per batch (~2% acceptance rate)
• $50K investment for 5% equity (flexible)
• Over $450K in perks (cloud, legal, marketing, co-working space, etc.)
• Access to over 3,000 mentors and more than 5,000 investors

The Alchemist Accelerator provides an exclusive, significantly reduced equity fee—an exceptional opportunity for B2B-focused startups to accelerate growth with funding and world-class support. Headquartered in San Francisco, USA, the Alchemist Accelerator is a global leader in B2B solutions.This partnership offers startups the chance for fast-track acceptance into Alchemist’s flagship accelerator program, bypassing most admissions procedures.